Bloomberg Target Corp. cut its annual forecast after sales slumped last quarter, hit by what Chief Executive Officer Brian Cornell described as a “difficult retail environment.” The company now expects earnings of $4.80 to $5.20 a share, excluding some items, compared with an earlier forecast of as much as $5.40. In the face of a skittish retail economy and …

  Bloomberg Finnair Oyj shares fell the most in almost three years after the carrier scaled back plans to add flights this year as terrorism in Europe hurt demand for travel. Finnair dropped as much as 10 percent, the steepest intraday drop since October 2013, and was down 7 percent at 4.89 euros as of 11:33 a.m. in Helsinki. The …

  Bloomberg The world’s main airline trade groups and European and US lithium battery makers are seeking tighter product-quality and sourcing enforcement, saying a ban on shipments in passenger airliners risks being extended to cargo carriers. Governments need to enforce regulations more strictly against “rogue producers and exporters,” and impose stiffer penalties on companies that put shipments of improperly tested …